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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.14

-0.1%

Jan 13 4:00 PM EST

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To: Tommaso who wrote (2451)	10/25/1997 10:21:00 AM
From: Bucky Katt	Read Replies (1) of 116856

Tommaso-- If your statement were true, Microsoft and Intel would not generate the profits that they do. Think for a moment--msft can produce a copy of Windows 95 system software for less than a dollar, yet they can sell it for $35 or more at the wholesale level. Keyword here is supply and demand. Everything that is mass produced has now become a commodity. Gold has ALWAYS been one. The real problem with gold is it has been talked down by just about everyone. Gold has not changed it's value in 5000 years. The psycology surrounding gold does change. We are in a low sentiment state for gold right now, which equals not much demand, obviously. WJ

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